SHORT TERM CAPITAL GAINS TAX CALCULATION By: AssetYogi

Full Sale Consideration 5,000,000

Less: Transfer Expenses (brokerage, documentation etc.) 50,000
Net Sale Consideration (N) 4,950,000
Less: Cost of Acquisition (A)
(including stamp duty, registration & brokerage) 4,200,000
Less: Cost of Improvement (I) 500,000
Short Term Capital Gain (N-A-I) 250,000
Tax Rate 30%
Short Term Capital Gains Tax Liability 75,000
LONG TERM CAPITAL GAINS TAX CALCULATION By: AssetYogi

Full Sale Consideration 1,200,000

Less: Transfer Expenses (brokerage, documentation etc.) 30,000
Net Sale Consideration (N) 1,170,000
Less: Indexed Cost of Acquisition (A') 372,798
(including stamp duty, registration & brokerage)
Less: Indexed Cost of Improvement (I') 810,550
Gross Long Term Capital Gain (N-A'-I') -13,349
Less: Exemption under section 54, 54EC, 54F, 54B etc. -
Net Long Term Capital Gain -13,349
Tax Rate 20%
Long Term Capital Gains Tax Liability -2,670

Indexed Cost of Acquisition Calculation

Actual Cost of Acquisition 135,000
Cost Inflation Index @ Acquisition Year 109
Cost Inflation Index @ Selling Year 301
Indexed Cost of Acquisition (A') 372,798

Indexed Cost of Improvement Calculation

Actual Cost of Improvement 285,000
Cost Inflation Index @ Improvement Year 109
Cost Inflation Index @ Selling Year 310
Indexed Cost of Improvement (I') 810,550